Luxembourg¶
Modules¶
The following modules are installed automatically with the Luxembourgish localization:
Name |
Technical name |
Description |
|---|---|---|
Luxembourg - Accounting |
|
Default fiscal localization package |
Note
The Luxembourgish country-specific reports (the monthly/quarterly and annual VAT declarations for the eCDF platform and the FAIA audit file export) are not available in this edition. The grids of the VAT declaration can be reviewed in the tax report.
Note
In some cases, such as when upgrading to a version with additional modules, it is possible that modules may not be installed automatically. Any missing modules can be manually installed.
Localization overview¶
The Luxembourgish localization includes the following features:
Chart of accounts: a predefined set of accounts that follows the current official accounting standards (PCN 2020)
Taxes: pre-configured tax rates, including standard (17%), reduced (14%, 8%, and 3%) and zero-rated VAT, intra-community, and zero-rated export taxes
Fiscal positions (tax and account mapping): automated account and tax adjustments based on customer or supplier
E-invoicing: E-invoicing with Peppol
Taxes¶
The following taxes are available by default with the Luxembourgish localization package:
standard VAT (17%): applied to most goods and services within Luxembourg
reduced VAT (14%, 8%, and 3%): applied to some goods and services within Luxembourg
zero-rated VAT: applied to goods and services not subject to VAT
intra-community VAT: applied to goods and services sold to or purchased from VAT-registered persons located in other EU countries
export tax (0%): zero-rated tax applied to goods and services exported outside Luxembourg
E-invoicing¶
Odoo users in Luxembourg can register on the Peppol network, which allows exchanging e-invoices and credit notes with other participants on the network.
The e-invoice format in Luxembourg is BIS Billing 3.0.
Important
E-invoicing via Peppol is mandatory for all B2G transactions in Luxembourg.